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How Quickly Should You Pay Off Your Mortgage?

An episode of the Smart Mortgage Show with Bill Litton podcast, hosted by Bill Litton, titled "How Quickly Should You Pay Off Your Mortgage?" was published on October 10, 2024 and runs 10 minutes.

October 10, 2024 ·10m · Smart Mortgage Show with Bill Litton

0:00 / 0:00

Paying off a mortgage is a major goal for many as they approach retirement. People often wonder how quickly they should pay it off or by what age should they have the mortgage completely paid down. But is that always the best strategy?

Comparison can often be the thief of joy so let's talk about why it's important to run your own race and move at a pace that's best for you. Bill shares insights on the benefits of maintaining a mortgage while investing in higher-return opportunities, the importance of a balanced financial plan, and the value of working with financial and mortgage advisors.

 

Here's what we discuss in this episode:

0:00 – Intro

1:52 – Comparison is the thief of joy

3:51 – Having a mortgage paid off before retirement

6:03 – How we help our clients find a mortgage option that's best for them

 

CONTACT:

Schedule a time to meet with Bill here: https://calendly.com/blitton/

Visit the Smart Mortgage Show website for more podcasts, videos and mortgage info: https://smartmortgageshow.com/

Call: 484-352-4151.

Check us out on YouTube: https://bit.ly/3KbUxAF

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